Barclays analyst Terry Ma maintains $Bread Financial (BFH.US)$ with a sell rating, and adjusts the target price from $37 to $35.
According to TipRanks data, the analyst has a success rate of 53.2% and a total average return of 1.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Bread Financial (BFH.US)$'s main analysts recently are as follows:
The anticipation is for positive delinquency trends to persist in the second half of 2024 for prime card issuers. Expectations are more varied for non-prime lenders, with predictions now leaning towards a more restrained credit enhancement in fiscal 2025.
Expectations are set for a dynamic third quarter earnings season for specialty finance companies, influenced by the central bank's rate cut and consumer credit stress, which may pose risks to expectations. A significant emphasis is anticipated on the outlook for net interest income as rates decline, with the anticipation that many in the group may face pressure due to asset-sensitive balance sheets.
Note:
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